Posts of - Accounting
Ind AS 16: Property, Plant, and Equipment | IndAS 16 Vs AS 10
Ind AS 16 – Property, Plant, and Equipment: The objective of IndAS 16 is to prescribe the accounting…
ByCAknowledgeAug 15, 2024
Ind AS 7: Statement of Cash Flows, Difference In IndAS 7 Vs AS 3
IndAS 7, Statement of Cash Flows: Ind AS 7 prescribes principles and guidance on the preparation and presentation…
ByCAknowledgeAug 15, 2024
Difference between Capital Receipts and Revenue Receipts
Difference between Capital Receipts and Revenue Receipts: Receipts that are not of a revenue nature are capital receipts.The…
ByCAknowledgeAug 15, 2024
Balancing Ledger Accounts, Ledger accounts balancing procedure
Balancing Ledger Accounts: Balancing an account means the process of equalizing the two sides of an account by…
ByCAknowledgeAug 14, 2024
Ind AS 37, Provisions, Contingent Liabilities and Contingent Assets
Ind AS 37: The objective of Ind AS 37 is to ensure that appropriate recognition criteria and measurement bases…
ByCAknowledgeAug 16, 2024
Accounting Estimates: Meaning and Example of Accounting Estimates
Accounting Estimates: Earlier, we have learned how to measure a transaction which had already taken place and for which…
ByCAknowledgeAug 15, 2024
